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Manila Bulletin devider Property and Living devider The Property Geek: Key landmarks to consider for smart township property investment

The Property Geek: Key landmarks to consider for smart township property investment

Determining if a township development meets residents' needs entails closely examining specific landmarks

Published Feb 8, 2024 04:46 pm

When it comes to making astute property decisions, the mantra "location, location, location" holds true. Drawing from my years of experience in the real estate industry, I've observed that buyers typically gravitate toward two location preferences: their hometown or areas earmarked for development.

Presently, developers are steering toward township projects, encompassing not only residential communities but also integrated commercial spaces, ensuring convenience at every turn. However, discerning whether a township development genuinely fulfills residents' needs requires careful scrutiny of specific landmarks:

Schools

Proximity to educational institutions remains a prime market driver, significantly impacting property value appreciation. Take, for instance, Santa Rosa, Laguna, dubbed the "University Belt of the South," witnessing a surge in investment due to the establishment of prominent universities like the University of Santo Tomas, University of the East, National University, and De La Salle University. The influx of foot traffic from these institutions often attracts businesses, amplifying the area's commercial viability.

Malls

The presence of major shopping centers near residential investments bodes well for future prospects. In Santa Rosa, Laguna, the clustering of renowned malls such as Vista Mall, Solenad Malls in Nuvali, and Paseo de Santa Rosa underscores the area's economic vibrancy, with rumors of an impending SM Mall adjacent to Nuvali further enhancing its appeal.

Fast food chains

Surprisingly, fast food chains play a pivotal role beyond culinary offerings—they function as real estate entities, strategically positioning themselves in high-traffic areas. Their presence often signals burgeoning development, attracting ancillary businesses seeking to capitalize on increased footfall.

Hospitals

The presence of healthcare facilities is indispensable for community sustainability. Santa Rosa, Laguna, boasts establishments like The Medical City South Luzon and Healthway Hospital, catering not only to medical needs but also attracting investors eyeing the burgeoning market for retirement homes.

Expressways

Accessibility and freedom from traffic congestion are paramount considerations for prospective residents. Santa Rosa, Laguna, stands out for its well-planned urban infrastructure, seamlessly connected to major thoroughfares like the South Luzon Expressway, facilitating travel to neighboring regions and enhancing overall connectivity.

Prioritizing these key factors when scouting for property investments in township developments ensures informed decision-making and maximizes market value appreciation. As location remains a critical determinant of real estate success, meticulous attention to these landmarks promises a rewarding investment journey.

Jireh V. Mamaclay, 27, is an industrial engineer by profession. Recognized as The Property Geek across Facebook, TikTok, and YouTube, he has transitioned from a banking role to a dedicated realtor in the South. Presently, he manages a team as the sales director of a realty enterprise. He intends to assist fellow Filipinos, particularly those within his generation, in attaining their property investment goals.

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